Clients

FINANCING & INVESTING FOR LOCAL GOVERNMENTS

Long-Term BorrowingFixed Rate - 5 to 30 years

10 year loan rate 2.50%

Short-Term FinancingFloating Daily Rate | up to 5 years

Current rate 2.46000 %   

Historical rates

Equipment FinancingFloating Daily Rate - up to 25 years

Current rate 2.46000 %

Historical rates

Pooled Investments

Money Market Fund | $10.000 / unit
Intermediate Fund | $9.6807 / unit
Bond Fund | $9.7507 / unit

Historical Prices

 

Money Market Fund | 1.885 %
Intermediate Fund | 1.940 %
Bond Fund | 2.033
 %

Historical Yields

Pooled High Interest Savings Account

CIBC 2.46%
National Bank of Canada 2.32%

 

 

 

What's New?

NEW: POOLED INVESTMENT FUND CHANGES COMING DECEMBER 2019:

Stay tuned for changes coming to the Pooled Investment Funds.  New process for subscribing and redeeming funds, updates will be posted in December.

UPDATE: LEASE FINANCING PROGRAM REPORTS 

As the MFABC Lease Financing program was closed permanently in 2017, please be advised that the online reports will no longer be available as of January 1, 2020. Please download any required reports from the client access site, prior to the end of 2019.

Spring 2020 Long-Term Borrowing Opportunity & Notice of Actuarial Reduction:

Please see memo for details and deadlines.

Read our recent article in Public Sector Digest "Financial Indicators - Bringing Your 'AAA' Game" 

Long-Term Debt Issue Proceeds Disbursement:

AGM & FINANCIAL FORUM: MARCH 25-26, 2020

Hosted at Hotel Grand Pacific, Victoria BC. Click here for event details.

Follow MFABC

Twitter @MFAofBC 
LinkedIn

Investors

BCMFA Credit Ratings

  • Moody's: Aaa "Stable"
  • Fitch: AAA "Stable"
  • Standard & Poor's: AAA "Stable"

Short Term Ratings

  • Moody's: P-1
  • Standard & Poor's: A-1+

Bond Rate - 10 year

2.31%

 
 

 

 

 

 

 

 

 

 
 
 
 
 

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